Whitbread plc (LON:WTB) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Whitbread plc (LON:WTB) have been given an average rating of “Moderate Buy” by the five ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 2,713.33 ($35.78).

Several research analysts recently weighed in on WTB shares. JPMorgan Chase & Co. lowered shares of Whitbread to a “neutral” rating in a research note on Friday, March 7th. Citigroup decreased their target price on shares of Whitbread from GBX 3,700 ($48.79) to GBX 3,300 ($43.51) and set a “buy” rating for the company in a research report on Tuesday. Finally, Shore Capital reaffirmed a “buy” rating on shares of Whitbread in a research report on Thursday, January 16th.

Whitbread Trading Up 1.0 %

Shares of LON:WTB traded up GBX 24 ($0.32) during midday trading on Tuesday, hitting GBX 2,524 ($33.28). The company had a trading volume of 393,099 shares, compared to its average volume of 2,976,020. The stock has a market cap of £4.51 billion, a price-to-earnings ratio of 19.52, a PEG ratio of -3.09 and a beta of 1.11. Whitbread has a 12 month low of GBX 2,253 ($29.71) and a 12 month high of GBX 3,352 ($44.20). The firm has a fifty day simple moving average of GBX 2,570.95 and a 200 day simple moving average of GBX 2,851.26. The company has a current ratio of 0.96, a quick ratio of 1.74 and a debt-to-equity ratio of 33.18.

Insider Activity at Whitbread

In other news, insider Kal Atwal bought 1,130 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of GBX 2,621 ($34.56) per share, with a total value of £29,617.30 ($39,052.35). 1.03% of the stock is owned by company insiders.

Whitbread Company Profile

Whitbread is the owner of Premier Inn, the UK’s biggest
hotel brand, with 86,000 rooms in over 850 hotels
and a growing presence in Germany with 10,500 rooms in
59 hotels, offering quality accommodation at affordable
prices in great locations.

People are at the heart of our business. We employ over
38,000 team members in over 900 Premier Inn hotels
across the UK and Germany.